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Principles of Microeconomics:
Study Guide
Excel-based counterparts to all graphs in the chapters of
Mankiw's Economics may be accessed below. For each chapter we provide
an Excel workbook and a set of questions to guide users through the
worksheets. The study guides are Word documents. The links to the
individual workbooks and associated assignment sheets follow the chapter overviews
below. Click on the chapter number here to move to the relevant part of this
page: 2 4 5 6 7 8 9 10 13 14 15 18 30 .
A similar set of material based on Gwartney, Stroup, Sobel, and Macpherson,
Economics is available here.
Chapter 2. Appendix (Graphing: A Brief
Review). The workbook follows the mathematical appendix. It offers Excel
counterparts to the graphs that Mankiw develops.
Chapter 4. Demand, Supply, and Market Equilibrium. The Study
Guide covers Demand, Supply, and Market Equilibrium. Each of those topics
is treated in a separate workbook.
Chapter 4. Demand. This workbook examines demand.
Chapter 4. Supply. This workbook examines supply.
Chapter 4. Market: Demand, Supply, and Equilibrium. This
workbook examines market equilibrium.
Chapter 5. Elasticity and Its Application. Develops the concepts
of price elasticity of demand and supply and of income elasticity of demand.
Chapter 6. Supply, Demand, and Government Policies.
The Study Guide covers both price controls and taxes. Each of those topics
is treated in a separate workbook.
Chapter 6. Controls on prices. This workbook examines the effects
of price controls.
Chapter 6. Taxes. This workbook examines the effects
of taxes on market outcomes.
Chapter 7. Consumers, Producers, and the Efficiency of Markets.
Develops consumer surplus and producer surplus concepts. Shows how intersection
of demand and supply can lead to maximum total (consumer plus producer) surplus.
Chapter 8. Application: The Costs of Taxation. Develops the
effects of taxation on economic efficiency.
Chapter 9. International Trade. Shows gains and losses
from international trade in specific industries, along with the effects of
tariffs and quotas.
Chapter 10. Externalities. Shows how the existence of externalities causes
market solutions to be less than perfectly efficient. Shows how government
policies might result in increased efficiency.
Chapter 13. The Costs of Production.
Chapter 14. Firms in Competitive Markets.
Chapter 15. Monopoly.
Chapter 18. The Markets for the Factors of Production.
Chapter 30. A Macroeconomic Theory of the Open Economy.
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